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India picks Iranian firm to run Chabahar port

India picks Iranian firm to run Chabahar port

Iran : India Ports Global has picked Bandar Abbas-based Kaveh Port and Marine Services company to run the Chabahar port in Iran as an interim arrangement for about 18 months from mid-June as India treads cautiously on operationalising the port in the back drop of sanctions being re-imposed on the Persian Gulf nation by the United States.

The selection of an Iranian operator was also necessary to comply with the contractual time lines particularly because efforts to pick an Indian firm to manage, operate and maintain (MOM) the container and multi-purpose terminals at Chabahar port have been delayed due to commercial and feasibility concerns, a government official said.